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Strong first quarter for Volkswagen Group

Despite the Covid-19 restrictions, Volkswagen Group has reported a strong financial performance with significant improvements over the weaker prior-year period that was impacted by the pandemic. Some key figures came in above pre-crisis levels from the first quarter of 2019.

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New system solutions for BASF at ACLE

BASF celebrates its 150th anniversary at ACLE in Shanghai presenting new system solutions, including lower carbon and toxicity footprint, reduction of water and energy use in tanneries.

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Mulberry issues another profit warning

Shares in leather handbag maker Mulberry are down 14% after it told investors full-year profits will be "significantly" below expectations. In the six months to September 30, revenues were down 17% from a year earlier to £64.7million (US$102 million).

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Mexico set to make more cars

According to TheSauerReport, IHS Automotive reports that the three main German car brands (BMW, VW Group and Mercedes Benz) are or will start building vehicles in Mexico soon. Car manufacturing in Mexico predicted to rise significantly in the future. 

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